webcast – charts to 26th March released for subscribers earlier in the week
Archives for March 2010
S&P 500 emini pre-open Wednesday 31st March
posted 9.25 a.m. est Pre-open Wednesday 31st March Tuesday’s Value Area was wider but overlapping Monday’s. Volume was up but well below average. ES is consolidating in a range with 1168 being the attractive price. This is a market waiting for the next impetus. Pre-open ES has printed as low as 1162.75 (following the ADP […]
S&P 500 emini pre-open Tuesday 30th March
posted 9.18 a.m. est Pre-open Tuesday 30th March Price around 1170 was resistance yesterday as anticipated. Buyers have now rested for four days at these higher levels looking for a response from the Sellers and so far there has been none. This may give the Buyers confidence to step back in. Monday’s Value Area was […]
S&P 500 emini pre-open Monday 29th March
posted 9.27 a.m. est Pre-open Monday 29th March Last week I marked Significant Buying three times. There was no Significant Selling. The poc at 1161.50 was developed further so this is still the obvious First Level S/R at the start of this week. Sellers have still not offered an Effective Response. If ES holds above […]
S&P 500 emini pre-open Friday 26th March
posted 7.20 a.m. est Pre-open Friday 26th March Note: yesterday’s graphic was incorrectly dated, apologies. On the index charts yesterday’s bar looks like a bearish reversal day but on the profile you can see that the Value Area was higher and wider on increased volume and the only damage so far was a slight probe […]
S&P 500 emini pre-open Thursday 25th March
posted 9 a.m. est Pre-open Thursday 25th March from webcast: “there is potential resistance up around 1171” 1161.50 did indeed provide support yesterday – that was the low. ES did not test the previous day’s high but looks as though it will today (ES currently prints 1170). If ES can consolidate above 1170 area I’m […]
webcast – charts to 19th February
webcast – charts to 19th February released for subscribers earlier in the week Transcript of Webcast below: Looking first at the emini S&P future. We had some Significant Selling which I marked here, Responsive Selling on Friday which was completely negated on Monday by the Buyers, Responding just below the previous day’s session low taking […]
S&P 500 emini pre-open Wednesday 24th March
posted 9.29 a.m. est Pre-open Wednesday 24th March There was a new high on Tuesday with ES stalling around the 1171 level I mentioned in the webcast. Overnight ES has printed as low as 1162, just above First Level S/R at 1161.50. Aggressive Buying (green-at-top) was marked again and this (80% of the time) indicates […]
Correction
I said earlier today that >>My version of the Rydex Assets Ratio was up from 3.4 to 3.6<< that was incorrect. Those numbers actually belong to my version of the Rydex ND100 assets ratio. My Version of the Rydex Assets Ratio actually fell from 2.7 to 2.4 Apologies.
S&P 500 emini pre-open Tuesday 23rd March
posted 9.29 a.m. est Pre-open Tuesday 23rd March Significant Responsive Buying (green-at-bottom) and Aggressive Buying (green-at-top) were marked yesterday. The Responsive Selling marked on Friday may have been the first since early February but possibly misleading (it was quadruple witching day). Either way the Buyers responded immediately after the open and there is no doubt […]